Sec. 301.154. EFFECT OF RELIEF GRANTED    


Latest version.
  • Relief granted under this subchapter does not affect a contract, sale, encumbrance, or lease that:

    (1) is consummated before the granting of the relief; and

    (2) involves a bona fide purchaser, encumbrancer, or tenant who did not have actual notice of the filing of a complaint or civil action under this chapter.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 40, eff. Sept. 1, 1993.